HSBC Gives Underweight Rating to Hargreaves Lansdown (HL)
Hargreaves Lansdown (LON: HL)‘s stock had its “underweight” rating reiterated by investment analysts at HSBC in a note issued to investors on Monday. They currently have a $10.00 (620 GBX) target price on the stock.
Shares of Hargreaves Lansdown opened at 730.50 on Monday. Hargreaves Lansdown has a one year low of GBX 410.90 and a one year high of GBX 785.48. The stock’s 50-day moving average is currently GBX 641.2. The company’s market cap is £3.412 billion.
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse reiterated an “underperform” rating on shares of Hargreaves Lansdown in a research note to investors on Friday. They now have a $10.59 price target on the stock. Separately, analysts at Barclays Capital reiterated an “overweight” rating on shares of Hargreaves Lansdown in a research note to investors on Monday, December 10th. They now have a $12.82 price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Hargreaves Lansdown in a research note to investors on Thursday, November 8th. They now have a $10.39 price target on the stock.
Hargreaves Lansdown PLC is a provider of investment management products and services to private investors in the United Kingdom.
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